FMI warns craft labor shortage may slow construction

After surveying top executives from the Construction Personnel Executives Group, FMI reports that “24 percent of respondents will be unable to bid more work and 32 percent will experience slow growth if their companies cannot reasonably meet the need for skilled labor and tradespeople.” The top five positions that are expected to be the most difficult to fill include operator (heavy equipment), welder (boilermaker), carpenter, pipefitter and ironworker (reinforcing). To download a copy of the 2015 survey report, “Craft Labor Recruiting and Retention,” click here.